CHARIS REALTY GROUP

145 HORSESHOE ROAD A

RISING SUN, MD 21911

MLS#: MDCC2011658

$550,000

Status: Closed
Listing number: MDCC2011658
Listing provided by: Keller Williams Elite
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
Browse Properties
MACE VILLAGE - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

15,423

Great value add opportunity!! Currently 8 units, 6 residential and 2 commercial plus 4 garages. New well pump, new metal roof, 2 new electric meters in 2021. Septic system has 3 tanks with a drain field. Current annual income approximately $65,000. Approximate expenses are septic pumping $500 annually, owner electric $3,500 annually, insurance $5,000, taxes $4,300 Roughly 13,000 sq ft between the two buildings on over 2 acres of land. This is Business General Zoning District offering diverse possibilities for growth and development. Please contact county to verify options. Don't miss out on this ideal opportunity to increase your cashflow!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    2.86

  • Lot Size(square feet)

    124,582

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $550,000

  • Tax Amount

    $4,301

  • Sq. Footage

    15,423

  • Price/SqFt

    $35

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Septic Tank

  • Water Source

    Well

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Listing Courtesy of Joseph Fisher, Keller Williams Elite

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Agent Albert Ranney

Salesperson, Realtor

Albert Ranney

Call Albert today to schedule a private showing.

(301) 233-0922

albert@charisrealty.com


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Great value add opportunity!! Currently 8 units, 6 residential and 2 commercial plus 4 garages. New well pump, new metal roof, 2 new electric meters in 2021. Septic system has 3 tanks with a drain field. Current annual income approximately $65,000. Approximate expenses are septic pumping $500 annually, owner electric $3,500 annually, insurance $5,000, taxes $4,300 Roughly 13,000 sq ft between the two buildings on over 2 acres of land. This is Business General Zoning District offering diverse possibilities for growth and development. Please contact county to verify options. Don't miss out on this ideal opportunity to increase your cashflow!

145 HORSESHOE ROAD A

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Exceptional Mixed-Use Investment Opportunity – 8 Units on Nearly 3 Acres Unlock the potential of this unique 8-unit commercial/residential property offering over 13,000 rentable square feet on an expansive nearly 3-acre parcel. The property features a versatile mix of three commercial units and five residential apartments, providing multiple income streams and the flexibility to accommodate a variety of tenants and uses. The substantial building footprint and generous acreage create an excellent opportunity for investors seeking a property with scale, income-producing potential, and long-term upside. The three commercial spaces offer opportunities for retail, office, service, or other business uses, while the five residential apartments provide additional rental income and diversification. With its combination of commercial and residential occupancy, significant rentable square footage, and nearly three acres of land, this property is ideally suited for an investor looking to expand a portfolio or an owner-user seeking a property with income-producing components. Property highlights include: 8 total units 3 commercial units 5 residential apartments Over 13,000 rentable square feet Nearly 3 acres Multiple potential income streams Flexible mixed-use configuration Excellent opportunity for investors and owner-users A rare opportunity to acquire a substantial mixed-use property with both commercial and residential income potential. Bring your vision and take advantage of the possibilities this unique property has to offer.
#MDCC2023132

RISING SUN

145 HORSESHOE ROAD

None Beds

None Baths

15,423 Sq.Ft.

$525,000

MLS#: MDCC2023132

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